Grifco Inc (GFCI)

[elcheepo]

Grifco International, Inc. (GFCI) SqueezeTrigger Price is $0.20. Approximately 32.4 Million Shares Shorted Since March 2005 According to Buyins.net Research Report



February 28, 2007 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net, is initiating coverage of Grifco International, Inc. (OTC: GFCI) after releasing the latest short sale data to February 2007. From March 2005 to February 2007 approximately 420.8 million total aggregate shares of GFCI have traded for a total dollar value of nearly $84.5 million. The total aggregate number of shares shorted in this time period is approximately 32.4 million shares. The GFCI SqueezeTrigger price of $0.20 is the volume weighted average short price of all short selling in GFCI. The first of several short squeezes is expected to begin when shares of GFCI close above, $.04, where approximately 1.8 million shares have previously been shorted. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.buyins.net.



Month Total Vol. Short Vol. Avg. Price Short $ Value



March '05 6,326,726 487,158 $0.49 $239,925

April 2,567,125 197,669 $0.26 $52,125

May 5,419,126 417,273 $0.29 $122,052

June 16,757,695 1,290,343 $0.50 $645,171

July 16,668,123 1,283,445 $0.42 $542,256

August 13,693,179 1,054,375 $0.40 $423,015

September 8,736,320 672,697 $0.43 $290,941

October 7,864,940 605,600 $0.38 $227,100

November 8,177,583 629,674 $0.32 $199,921

December 7,358,092 566,573 $0.29 $162,890

January '06 11,539,783 888,563 $0.28 $248,798

February 12,484,452 961,303 $0.24 $227,637

March 27,578,908 2,123,576 $0.22 $462,940

April 26,348,588 2,028,841 $0.27 $537,643

May 14,509,605 1,117,240 $0.17 $192,724

June 16,461,177 1,267,511 $0.14 $179,353

July 57,397,224 4,419,586 $0.18 $774,753

August 21,626,216 1,665,219 $0.16 $264,437

September 15,512,693 1,194,477 $0.12 $145,129

October 12,441,675 958,009 $0.10 $98,483

November 6,941,075 534,463 $0.07 $39,443

December 41,422,636 3,189,543 $0.06 $200,941

January '07 38,555,900 2,968,804 $0.05 $159,722

February 24,445,364 1,882,293 $0.04 $70,398



Total: 420,834,205 32,404,234 $0.20 $6,507,797



*short volume is approximated using a proprietary algorithm.

**average short price is calculated using a volume weighted average short price.

***short volume is the total short trade volume and does not account for covers.